JERA, Lyon Group and Fluence Energy have partnered to explore opportunities to deploy energy storage solutions in Asia Pacific.
JERA is an energy company with approximately 66GW of power generation in Japan and approximately 8GW overseas.
Lyon Group is one of the world’s leading independent developers of integrated utility-scale battery storage and renewable generation, with projects across Australia.
Fluence is a leading global provider of battery-based energy storage technology and services for energy networks, generators and large energy users.
In the near-term, the companies will be focused on implementing a portfolio of solar and four-hour duration energy storage projects in Australia’s National Electricity Market: at Cape York in Queensland, Riverland in South Australia, and Nowingi in Victoria.
Lyon developed and sold Australia’s first grid connected large-scale solar PV and battery storage project. Deploying long-duration energy storage in conjunction with solar facilities, like those being developed by Lyon and JERA, expands the delivery of renewable energy into the night, creating on-demand solar resources.
This combination provides lower-cost energy, bolsters reliability on regional electric grids at the same time, and eliminates the need for expensive and underutilized investments in the grid such as peaking gas plants. As seen by Fluence’s installations around the globe, the addition of battery-based energy storage reduces cost, improves power system reliability, and allows for lower total emissions.
This latest alignment builds on Fluence’s first project in Australia, announced in March, to supply a 30MW energy storage solution at a key transmission terminal station in Ballarat, Victoria to add resilience to the regional grid, support critical peak demand and supply frequency control services.
Fluence Global Markets vice president Jan Teichmann said: “Australia is working to solve difficult ‘grid-in-transition’ issues at scale as they usher in the next generation electricity network that is cleaner, lower cost, and more reliable.
“Fluence is the most experienced global energy storage supplier and is excited to help JERA and Lyon bring their energy storage projects to life in Australia, Japan, and throughout the Asia Pacific region.”
Large-scale battery storage solutions in Australia, Japan and the broader Asia Pacific region can uniquely enable the rapid and seamless transition from centralized thermal generation to an increasingly distributed, renewable-based generation mix and ensure the highest reliability.
Fluence delivers tailored energy storage solutions that can be integrated anywhere on the grid, from stand-alone storage resources on the transmission or distribution network to hybrid solutions with both thermal and renewable generation.
Fluence’s battery-based energy storage solutions are already making electric power infrastructure more efficient and driving down costs in 11 markets globally, with more under construction – enabling utilities to run existing assets more efficiently, right-size transmission and distribution investments in step with growth, and cost-effectively meet peak electricity demand.
Teichmann said: “More efficient electricity networks, more low-cost clean energy, and the highest reliability for consumers — these are the benefits we will be working to deliver with JERA across its operating fleet and through its and Lyon’s projects in Australia.”
Source: Company Press Release